The Eranove Group
A major Pan-African industrial player in the management of public services and the production of water and electricity
With more than 9,000 employees, the Eranove Group is developing a unique model on the continent, combining more than 50 years of presence in Africa, expertise in the entire value chain in the fields of water and electricity (structuring and development of plans, production, network management, distribution, commercialisation) and a strong commitment to public-private partnerships.
These are the main assets of Eranove, an authentic Pan-African group, whose operational and economic priorities consist in providing efficient, productive, adaptable and long-lasting solutions to the African challenge of access to essential services (electricity, water, sanitation, training, information, etc.).
The figures are telling. More than 320 million Africans do not have access to clean drinking water even though the continent has more than 5 trillion cubic metres of water in its groundwater tables. Scarcely 35 per cent of the African population has access to electricity, while the continent’s hydroelectric potential alone is estimated to be 300 gigawatts (GW), or three times the capacity of production currently in place.
To meet the challenge of access to clean drinking water and electricity, the Eranove Group is developing African talents through training, has decentralised the responsibility of its various affiliates, has increased the digitalisation of its processes, has implemented customised solutions which are adapted to each context, and provides excellent maintenance systems in terms of international standards of quality and liability. This ecosystem of operational skills and requirements is a guarantee of performance. The employee share-holding plan and private African capital are two more facets of this inclusive industrial strategy.
The acceleration in the development of the Eranove Group (44 per cent increase in sales revenue in five years) and its geographic expansion (Côte d’Ivoire, Senegal, the Democratic Republic of the Congo, Gabon, Madagascar, Mali and Togo) confirm the pertinence of this approach, supported by a Pan-African share-holding group, Emerging Capital Partners (ECP).
The Eranove Group is currently operating six hydroelectric dams with an installed capacity of 604 MW and is developing hydro-electric projects in Mali (Kenie), Gabon (Ngoulmendjim and Dibwangui), Madagascar (Sahofika), Côte d’Ivoire (Cavally), representing a planned capacity of 580 MW.